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15 photos
+10
Canal FrontIntracoastal Front
5005 Collins Ave 304
Miami Beach, FL, 33140
$390K
1
Bedrooms
1
Bathrooms
942 sqft
Living Area
1964
Year Built
Dock & Water Access
Dock Amenities
Waterfront Features
Canal FrontIntracoastal Front
Description
SPECTACULAR WATER VIEWS + IMMEDIATE INCOME PRODUCING OPPORTUNITY! Bright and spacious residence with stunning intracoastal views from every room. This well-maintained unit features a generous living area and a large primary bedroom with a walk-in closet, plus an updated kitchen and bathroom. Filled with natural light, the apartment offers a comfortable layout ideal for relaxed coastal living. Excellent investment opportunity: the unit is currently rented through August 2026 generating $2,800/month, providing immediate and stable income for the next owner. Located in a fully renovated oceanfront building on prestigious Millionaire’s Row, residents enjoy direct beach access, an Olympic-size pool, gym, and jacuzzi. Whether you are looking for a solid income property or a future beachside residence, this unit offers the best of both worlds. Schedule your showing today!
Location
Miami Beach, FL, 33140
Listing courtesy of A Simple Real Estate Co.
Last updated: 3/21/2026
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Dock Score™
20
Based on dock amenities, ocean access, and waterfront features
Dock Score is a DockOnly.com rating. Not provided by or affiliated with the MLS or listing broker.
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Estimate your monthly payment for this waterfront property
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$78,000 down
%
Principal & Interest$2,024/mo
Property Tax (est. 1.2%)$390/mo
Home Insurance (est.)$250/mo
HOA Fees$1,467/mo
Total Monthly Payment$4,131
Loan Amount: $312,000Rate: 6.75%
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HOA Fee$1,467/Monthly
Days on Market0